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Financial Math - MA2007
Life Insurance
Question 3
3
Quiz
Multiple Choice
Life Insurance
Question 3 • Financial Math - MA2007
Peter and Marcia, both age 34, can each pay $650 a year each on life insurance for themselves. About how much is the face value of the largest combination of policies they can buy?
Answer
A
$1,945,000
B
$972,000
C
$789,000
D
$806,000
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